βš”οΈ Head to head

ILB vs AGVT: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

ILB comes out ahead on 8 of 9 measures. Which matters most depends on you.

Underneath, they are 100% the same. With holdings this similar, the fee and size are usually what separate them.

The short answer

πŸ’ΈLower feeILB wins
ILB
0.18%
AGVT
0.22%

Worth about $2,792 on $100,000 over 20 years.

🏦Bigger fundILB wins
ILB
$1.6bn
AGVT
$1.1bn

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnILB wins
ILB
βˆ’0.4%
AGVT
βˆ’1.8%
πŸ“Š3-year returnAGVT wins
ILB
+2.8% a yr
AGVT
+3.3% a yr
🏁5-year returnILB wins
ILB
+0.3% a yr
AGVT
βˆ’1.6% a yr
βš–οΈCheaper to tradeToo close to call
ILB
0.05%
AGVT
0.05%

ILB vs AGVT side by side

ILB leads on 8, AGVT on 1ILBiShares Government Inflation ETFAGVTBetashares Australian Government Bond ETF
The basics
Index trackedBloomberg AusBond Inflation Government 0+ Yr IndexSee the PDS
Fund manageriSharesBetashares
Asset classAustralian bondsAustralian bonds
ListedMar 2012Jul 2019
Cost and size
MERyearly fee, lower is better0.18%βœ“0.22%
AUMfund size$1.6bnβœ“$1.1bn
Net flows (Sep)new money in, last month$185mβœ“$45m
Bid/ask spreadtrading cost, lower is better0.05%0.05%
Total returns
1 monthβˆ’0.5%βœ“βˆ’1.3%
1 yearβˆ’0.4%βœ“βˆ’1.8%
3 years p.a.+2.8%+3.3%βœ“
5 years p.a.+0.3%βœ“βˆ’1.6%
$10,000 invested
1 year ago$9,958βœ“$9,816
5 years ago$10,155βœ“$9,223

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

ILB vs AGVT price chart

Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView

πŸ“ˆ Growth

What $10,000 invested is worth now

$10,000 put into ILB 5 years ago is worth $10,155 today, against $9,223 in AGVT. That is $932 more in ILB.

ILBAGVT$10,000 invested
$0k$4k$8k$12k$16k$10.0k$9.8k1 year agoILB +$142$10.9k$11.0k3 years agoAGVT +$174$10.2k$9.2k5 years agoILB +$932

Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.

πŸ’Έ Cost

What the fees cost you

ILB's lower fee leaves about $2,792 more in your pocket over 20 years.

ILB charges 0.18% a yearAGVT charges 0.22% a year
🧾 Fees paid on $100,000Saving
5 years
ILB
βˆ’$1,176
AGVT
βˆ’$1,436
You keep$260more with ILB
10 years
ILB
βˆ’$3,284
AGVT
βˆ’$4,007
You keep$723more with ILB
20 years
ILB
βˆ’$12,814
AGVT
βˆ’$15,606
You keep$2,792more with ILB

Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.

ILB and AGVT overlap

100%portfolio overlap (very high: holding both adds little diversification)

1 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.

Biggest shared holdings% of ILB% of AGVT
100.00%100.00%

Add more ETFs and see the overlap in Compare ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

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  • Every holding of each ETF: the top 50 companies, with sectors and countries
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  • Fees in dollars over 10, 20 and 30 years
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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

FAQs

Which is better, ILB or AGVT?

It depends on what you need. On our numbers ILB wins on 8 measures and AGVT on 1. ILB is cheaper, with a management fee of 0.18% vs 0.22%. On $100,000 over 20 years that difference is worth about $2,792. ILB is the larger fund at $1.6bn vs $1.1bn. ILB has the better 1-year return: βˆ’0.4% vs βˆ’1.8%.

Which is cheaper, ILB or AGVT?

ILB charges 0.18% a year and AGVT charges 0.22% a year.

Can I hold both ILB and AGVT?

You can, but check how much they overlap. ILB is a Australian bonds fund and AGVT is a Australian bonds fund.

More comparisons

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Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.